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OZ extends trade halt on debt fear - The AustralianDIVERSIFIED miner OZ Minerals has taken the extraordinary step of suspending trading in its shares until the end of the year as it battles to strike a deal with lenders over the critical refinancing of $US560 million ($871 million) worth of debt. OZ ...
Australian stocks: Market up over five per cent - New Zealand HeraldPERTH - The Australian share closed up more than five per cent, led by resource and banking stocks, boosting the value of all stocks on the bourse by $37 billion. The domestic market followed the lead of Wall Street and British equity markets that ...
HBOS extends losses - MSN UK NewsShares in Halifax Bank of Scotland have continued to nosedive after it found itself the biggest casualty of the Lehman Brothers collapse. HBOS stock lost another 40 per cent on top of a near 18 per cent fall on Monday - wiping more than £5 billion ...
ASX follows Wall St up after Citibank rescue - News.com.auTHE Australian share market closed more than 5 per cent higher today, boosting the value of stocks by $37 billion. The domestic market followed the lead of Wall Street and British equity markets that rallied overnight after the US government ...
2008 Election - OregonianDiane McKeel will take a seat on the Multnomah County Board of Commissioners in January, after a narrow come-from-behind victory. McKeel, the executive director of the West Columbia Gorge Chamber of Commerce, said she will spend the next two months ...
Horoscope • Jeraldine Saunders - San Jose Mercury NewsBIRTHDAY GUY: Actor Tom Felton was born in London on this day in 1987. This birthday guy may be best remembered as Harry Potter's rival Draco Malfoy in the "Harry Potter" film franchise. Other movie credits for the young actor include "The Borrowers ...
RSS Feed: Local News - Tracy PressA local political action committee reported it raised $5,600 in the past few weeks, and money continues to pour into the race for mayor. Thursday was the deadline to report campaign donations received between Oct. 1 and Oct. 18. From now until ...
Anger at Mandelson's intervention over HBOS as Government seeks to ... - ScotsmanBUSINESS leaders accused the government last night of trying to force through the takeover of HBOS by Lloyds TSB, after Peter Mandelson warned the bank would be bailed out only if the deal went ahead. Concern about ministers' tactics came as new ...
Today's Mortgage Terms starting with L
Lender: The bank, mortgage company or mortgage broker providing the loan.
Loan Application: A statement of personal and financial information needed to apply for a loan.
Loan Application Fee: A fee applied by a lender to cover the initial costs of putting through a loan application. The fee could include the cost of getting a property appraisal, a credit report and a lock-in fee and other closing costs incurred to complete the transaction.
Loan Origination Fee: Fee charged by a lender for the administrative costs of processing a loan.
Loan to Value Ratio (LTV): The balance of the mortgage outstanding as a percentage of the home's price.
Lock or Lock In: A lender's guarantee of an interest rate for a specific period of time. The time period is usually between the loan application approval and loan closing. The borrower wants the lock to stay in effect until closing.
View all Terms